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of the defense intelligence agency spa capano current thfureat to the national securi. along with the national security agency, the national geospatial intelligence agency and the national reconnaissanceoffice and thinteencen etservices erts of the department of de that are also elements of the intelligence communy thatth direct clapper hits. director clapper while much of the information that you provide to policy makers in putting members of congress cannot be shared with the public because of its sensitivity and classification. the people who elected us to serve deserve the best information that we can publicly provide them. so we are glad that you and the general are with us this morning to do just that. among the challenges that we face is a self-inflicted wound, one with the fact that director clapper has rightly said amplify the other threats that we come from around the world that challenges the and prioritized cuts required by sequestration. this committee is interested in hearing from both of you today about the impact of the fy 2013 sequestration and the impact it's having on the in
of defense is currently spending $10 billion more conducting the war effort in afghanistan this year than was estimated would be necessary. from what we understand, in order to make up for this estimation the department of defense will have to pull from other funds from its base budget, which is difficult because of sequestration and the other long-term spending limits imposed by the budget control act of 2011. the problems with trying to budget and plan for a war a year in advance and how unforeseen costs can arise. at the same time a $10 billion is copulation is a little alarming. -- miss calculation is a little bit alarming. general, can you explain to us how that underestimation occurred? that we insidere u.s. forces in afghanistan under estimated $10 billion for our requirements for this year. i can assure you we have gone back and look at every dollar we have spent to make sure we have spent to good effect. we have significantly reduced the money we are spending in afghanistan. i will go back and take a look at where the projection came from and why we are in the position we are in
heard in my entire 64 years. what is this nonsense that they are spreading? >> the u.s. defense secretary has reiterated the u.s. .ommitment to israel's security jon kay geomet israel's prime minister on tuesday. they have been discussing the terms terms of a multibillion- dollar arms deals. -- chuck hagel visited the prime minister on tuesday. >> israel appreciates deeply the support, the military and security support, that it enjoys from the united states. it reflects a very deep alliance between our two countries in the defense of our common interests and values. nowhere are these values and interests challenged more than by the arming of the terrorist groups by iran with sophisticated weapons. equally, iran los attempt to arm itself with nuclear weapons. >> a palestinian prisoner has agreed to in his hunger strike in exchange for an early release. samer issawi has been refusing food for the past eight months. the strike has led to weeks of protest against israel detention policies. he was due to remain and prison until 2029 but will now be released this year. for more on thi
suggested the united states would reduce our missile defense system in asia for exchange -- in exchange for chinese help with north korea. it seems to me even though we are being threatened by nuclear attack by the north korean government, first of all is that an accurate statement? if so, explain that if you would. >> no. not an accurate statement. i think it was corrected while i was over there. there was reporting to that effect. what i -- there was no offer, no deal, no contemplation of it. what i did say publicly and i'll say it again, is that the president took specific deployment steps of missile defense in direct response to north korea. and it stands to reason that if the north korean threat disappears, there would be a logical question of whether or not that same level of deployment is necessary. all i stated was a sort of fact based on the rationale of the deployment itself. >> do you think that the united states should give aid to north korea of some type to temper their saber rattling, which they seem to do, about this time every year? >> no. >> all right. thank you for tho
at a cost of $12 billion. the official position of taiwan's ministry of national defense remains committed to procuring those submarines from the u.s. however, as the u.s. stopped making these diesel submarines many years ago, the sale has been stalled. i know we worked with france and some of our allies on this. could you advise what the current status of this submarines being acquired by taiwan is? and finally, you don't necessarily have to comment on this. if you'd like to you can, but former -- but the former president languishes today in a jail cell in taiwan. to me it smacks of the criminalization of politics. . stoot extent this administration communicates with the president i urge you to urge president mah to do the humanitarian thing, president chen's health is failing. i now yield to you, thank you. >> thank you, congressman. i appreciate it. i'll take that and just follow up on it. let me see what we can do about that. on burma, you are absolutely correct. there will be bumps in the road. i hope not big ones. obviously things are happening today that were unimaginable a few year
in afghanistan. our diplomatic our defense contractors now have to go and hide their worship behind a walled compound. afghanistan, while the surge was going on, over 100,000 american troops on the ground, joined saudi arabia as the only other country in the world that became so intolerant they did not have a single church. the obama administration knew about it and actually reported about in the state department religious freedom, which is still the gold standard for human rights reporting. but at the time it was happening they said nothing and did nothing. so on our watch this has happened. the bush administration, two-thirds of the christians in iraq were driven out. we have it in the book about conversations we had about secretary rice at the time saying please protecting. again, we had 100,000 troops on thground and she said no, we cannot get involved. it's sectarian here. meanwhile, the united states had just installed a shiite government in iraq and was negotiating on the path of sunni leaders to get sunni appointments in the government. so it just rang true. >> it does seem as i list
you were in china that you suggested the united states would reduce our missile defense system in asia for exchange, in exchange for chinese help with north korea. it seems to me that even though we're being threatened by nuclear attack by the north korean government, first of all, is that an accurate statement? and if so, explain that if you would. >> no, not an accurate statement. i think it was corrected while i was over there. it was reporting to that effect. there was no offer, no deal, no contemplation of it. what i did say publicly and i will say it again, is that the president took specific deployment steps of missile defense in direct response to north korea. and it stands to reason that if the north korean threat disappears, there would be a logical question of whether or not th that same level of deployment is necessary. it's all, i stated, was sort of a fact based on the rationale of deployment itself. >> do you think the united states should give aid to north korea of some type to temper their saber rattling, which they seem to do, about this time ever you? >> no. >> thank
disarmament. the reaganites in the defense department were horrified by this and put a stop to it but reagan didn't go all the way with reaganism when he had a chance to end the cold war, especially the nuclear threats. so it's a hard-core republican belief. if you remember the pup pup prime -- republican primaries of 2012, it was not that long ago there were eight or ten republican candidates in simi valley for a debate at the reagan library and every one of them said reagan set the example how maring be strong, reagan did with the soviet union and we should do it today in iran, we should do it -- we were right toy trite in iraq. america should use its power to achieve its spend destroy its enemies. i worked in the cold war and in the middle east. you have 29% of the american people agree with that today. >> richard, do you want to say something? you're leaning forward. >> no. >> okay. we want to take questions from the audience if anybody has a question, and i think there's a microphone somewhere that someone is going to bring up. why don't we start right up here on the aisle, blue shirt.
of trimming the defense program. this program is singular in terms of its costs and the way as i write in d, the piece, the attribute may not bawl of the missiles and stealth technology and the ability to fight supersonic speed. it may be the way it is designed to avoid budget cutters in washington. on re on sunday at 8:00 c-span's "q&a." >> at a senate hearing to discuss the immigration bill this week. homeland security janet napolitano was scheduled to testify but was unable to do due to the ongoing investigation there. a member of the u.s. commission on civil rights as well as former c.b.o. director testified and discussed concerns and the benefits in the legislation. his is an hour and 40 minutes. >> the committee can come to order please. . apologize for the delay as you know there is a great .elay going on in massachusetts i hope everybody can well understand why the secretary napolitano will not be here. testimony. dule her -- hopefully senator feinstein won't mind me mentioning but she was saying and i agree on how proud we are on how law enforcement responded. i am distressed to h
to aerospace and defense customers during that quarter. dupont reporting 1.56 per share. that was four cents higher than wall street estimates. chairman and ceo will be joining us in a few minutes to talk about all of that. among the other stories we're following this morning a car bomb hit the france embassy in libya today. two french guards were injured. there was extensive damage. this was the first attack on a foreign mission since militants stormed u.s. consulate in benghazi. >> u.s. equity futures have been indicated higher. came in looking at moderate red arrows. dow futures up 65 points above fair value. s&p up by better than four and a half points. overseas in asia overnight you did see a little bit of weakness. hang seng down 1%. and in europe right now, the trends there at least have been following what we have seen here. in fact, the cac is up 2.5%. da x-up 1.6%. the markets have a healthy dose of earnings today. we have seen a lot of that. the market is attractively valued. but he says there are still shorter term technical concerns. joining us is john lynch at wells fargo bank.
Search Results 0 to 9 of about 10